Birdwatch Note Rating
2024-10-26 14:47:27 UTC - NOT_HELPFUL
Rated by Participant: AAF19B5E735CA9C1E1D1630B5A277DE0051C5A89E4283C09A310D7D2B38AC9DD
Participant Details
Original Note:
While @unusual_whales statement is correct, Trump's description of foreign countries paying the tariff is factually incorrect. "consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreig.." https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation
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